January 23, 2016 ramco National Stock Exchange of India Ltd Exchange Plaza, Sth Floor Plot No.C/1, G Block Bandra Kurla Complex, Bandra (E) Mumbai - 400 051 Fax Nos: 022-26598237! 26598238/26598347/26598348 Email: cmlst@nse.co.in Scrip: RAMCOSYS Corporate Relationship Department BSE Limited Phiroze Jeejheebhoy Towers Dalal Street, Mumbai - 400 001 Fax Nos: 022-22723121/ 22723719) 22722039 Email: ‘corp.relations@bseindia,com! Scrip: 532370 Dear Sir, Sub: Intimation_under Regulation _30_of SEBI (Listing Obligations and_Discl Requirements) Regulations, 2015 (LODR) ‘The Company had entered in to a Share Subscription Cum Shareholder’s Agreement today to subscribe for 18.93% shareholding in Smartmegh Solutions Private Limited. The disclosure required under Para A of Part A of Schedule Ill of LODR read with SEB! Circular CIRICFDICMD/4/2015 dated September 9, 2015 are enclosed herewith, We request you to kindly take the above on record. Thanking you, Yours Faithfully, For RAMCO SYSTEMS LIMITED it [Qty —7 G KARTHIKEYAN COMPANY SECRETARY Ramco Systems Ltd. 64, Sardar Patel Road, Taramani, Chennai 600 118, India “Tol: +91 44 2285 4510 /080 4000, Fax: +91 44 2205 2084 sorameo com CIN : L72900TN1997PLCOS7550 Registered Office: 47, P.5.K. Nagar, Rajapalayam 626 108, Iniaramco The disclosures required under Para A of Part A of Schedule Ill of SEB! (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFO/CMD/4/2015 dated September 9, 2015 Name of the target entity, details in brief such as size, turnover etc. ‘Whether the acquisition would fall within related | party transaction(s) and whether the promoter! promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms length, | Turnover details given below ‘SmartMegh Solutions Private Limited (SmartMegh) is in the business of cloud-only systems integration providing cloud solutions No industry to which the entity being acquired belongs IT industry. ‘Objects and effects of acquisition (Including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) ‘SmartMegh had partnered with the Company to implement / maintain its solutions globally Investment is being made to expand their scope/coverage of service offerings being made to the Company. Brief details of any governmental or regulatory approvals required for the acquisition None [Indicative time period for completion of the acquisition Expected to be completed by February 15, 2016 Nature of consideration - whether cash consideration or share swap and details of the same Cash Cost of acquisition or the price at which the shares are acquired Rs.1,50,00,040 or Rs.16.00 milion approx. Percentage of shareholding / control acquired ‘and / or number of shares acquired 18.93% of the post acquisition share capital of ‘SmartMegh. (2,336 Equity shares of Rs.10/- each at a premium of Rs.6,414/- each). Brief background about the entity acquired in terms of productsiline of business acquired, date of incorporation, history of last 3 years tummover, country in which the acquired entity has presence and any other significant information (in brief) ‘Smartmegh was incorporated on 01.08.2012 The registered office is at Chenna The tumover for the last 3 years is Year ended 31.03.2015 - Rs.37.25 millon. Year ended 31.03.2014 - Rs.11,64 millon. Year ended 31.03.2013 - Rs.2.29 million ‘Smartmegh has a subsidiary in Singapore fer RAMCO SYSTEMS LIMITED (ety ‘G KARTHIKEYAN COMPANY SECRETARY Ramco Systems Ltd 64, Sarda Pate! Road, Taramani, Chennai 600 119, inci Tel: +91 44 2285 4510/3090 4000, Fax «91 44 2295 2804 vw ramen com CIN :L72900TN1897PI.CO37550 Registered Office: 47, P.S.K. Nagar, Rajapalayam 626 108, Inia